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Mastercard

Manager, Sourcing & Supplier Management

Posted Yesterday
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Hybrid
O'Fallon, MO
109K-207K Annually
Mid level
Hybrid
O'Fallon, MO
109K-207K Annually
Mid level
The Manager of Sourcing & Supplier Management leads sourcing strategies, collaborates with internal partners, and drives supplier performance improvement while managing risks and ensuring compliance.
The summary above was generated by AI
Our Purpose
Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build a sustainable economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.
Title and Summary
Manager, Sourcing & Supplier Management
Overview• Sourcing & Supplier Management creates and maximizes shareholder value by effectively managing the MasterCard supply base across all business units, focusing on reducing cost & risk while improving value & supplier performance. • This organization includes Sourcing Strategy, Sourcing Operations, and Supplier Management and is on a journey to be recognized as a premier supply chain organization.• Leverage MasterCard's global demand to develop and implement category strategies that enable spend management, improve supplier performance, and mitigate risk.• Partner with the Sourcing Strategy team and provide category expertise, market conditions, industry trends, product knowledge, benchmarking, and emerging supply options.• Partner with Supplier Management to develop supplier strategies that will reduce risk, improve supplier performance while enabling supplier inclusion and innovation• Have you ever developed and implemented global strategies?• Are you able to influence others and resolve complex problems?• Are you comfortable challenging status quo and able to drive change?
Role• Collaborate with internal business partners to identify requirements and develop strategies for key categories and critical suppliers• Lead the 6-step Strategic Sourcing Process for assigned categories which includes analyze spend, define requirements, develop a strategy, author RFx's, negotiate contracts, award and implement contracts• Support Supplier Lifecycle Management activities including; supplier discovery, supplier risk management, supplier performance management, supplier contract management, supply chain sustainability & social responsibility, supplier development.• Assist in the streamlining tasks and building technological efficiencies in an effort to improve processes while maintaining a high quality work product• Drive the financial and risk conversations with your internal business partners from a sourcing perspective to ensure compliance to sourcing policy and achieve financial efficiencies
All About You• Strong relationship-building skills and the ability to work with people at all levels in the organization• Proven ability to rely on experience and judgment to plan and accomplish goals in a fast-paced, changing environment• Ability to organize, manage and work effectively to accomplish multiple tasks• Very strong analytical skills• Strong verbal and written communication skills• Working knowledge of Microsoft Office (Word, Excel, and PowerPoint)• Experience in a strategic sourcing role in a best-in-class organization preferred • Extensive internal and external communication skills required with operations, corporate personnel, and external suppliers• Advanced contract negotiation experience and training• Experience with Coupa sourcing systems is preferred• Bachelors degree , MBA or Master's degree strongly preferred
Mastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact [email protected] and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.
Corporate Security Responsibility
All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
  • Abide by Mastercard's security policies and practices;
  • Ensure the confidentiality and integrity of the information being accessed;
  • Report any suspected information security violation or breach, and
  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.
Pay Ranges
O'Fallon, Missouri: $109,000 - $180,000 USD
Purchase, New York: $125,000 - $207,000 USD

Top Skills

Coupa Sourcing Systems
MS Office

Mastercard Chicago, Illinois, USA Office

8755 W Higgins Rd, Chicago, IL, United States

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